Bitcoin (BTC) slides below 94K $ 94K How Native It was trying to shake the last week

Bitcoin (BTC) still slipped on Monday, injured not only by mass bears in most CRIPTO, but also as American stocks fight to withdraw from recent falls.

Falling at about $ 93,900 because supplies were closed, Bitcoin was reduced by 1.9% in the last 24 hours. Ether (ETH) is lower by 5.9% compared to the same time frame. Wider COINDESK 20 Index is by 5.1%.

Following the main falls of the past weeks, trying to mitigate the main American funds, Monday failed on Monday afternoon, and Native has finished another 1.2% and S & P 500 0.5% S & P 500 0.5%.

The worst contractor among the main crypts was Solana (salt), almost 10% in the last 24 hours and a huge 41% in the past month. In addition to its role in what seems to be increased by 30% increase in the token in March and 30%, and 30% increases from the recent SIMD-96 implementation, which has adapted the network structure. At $ 151 at the time of pressure, salt is now more than dropped off their post-election gains.

“Trying to communicate people who may feel smugly / denying a bad price at the exit in relation to where we could trade for 6-12 months,” Kuinn Thompson, Founder Lekker capital, CRIPTO CENDGE Fund, specialized in the use of macroeconomic data for their stores, published on social media.

Thompson estimated that there was an 80% chance that Bitcoin would not bring new heights over the next three months and 51% chance of not seeing new heights even next 12 months.

Converting to the American economy, Neil Dutt, Head of Economic Research in the Renaissance Macro Research, That’s what he said Risks on the labor market growth. Real revenues are slowed down, the housing market is becoming increasing, state and local governments withdraw. The worrying, market consensus does not see the economic slowdown in sight, with a medium GDP forecast at approximately 2.5%.

“If it’s 2023. Whether it was suddenly upside down, in 2025. There are more risks to surprise the lower part,” Dutt wrote.

“Passive monetary policy tightening is the dominant risk and it has important implications for financial market investors,” Dutt continued. “I would predict the decline in long-term interest rates and sales in capital prices as well as appetite. For economics, expect the conditions to deteriorate in the business market.”